On January 28, 2021, Robinhood restricted trading in GameStop stock after a Reddit-fuelled short squeeze drove the share price from $17 to...
In 2016, the UK’s Financial Conduct Authority launched the world’s first regulatory sandbox, allowing fintech startups to test products with real customers...
In November 2024, Klarna filed for an initial public offering in the United States, seeking a valuation of roughly $20 billion. Two...
When Max Levchin pitched Affirm to investors in 2012, he had a specific advantage that most fintech founders lack: he had already...
In 2020, Chime was the fastest-growing digital bank in the United States, adding millions of customers monthly and reaching a $14.5 billion...
In July 2015, Revolut launched in the United Kingdom with a single product: a prepaid card that offered interbank exchange rates for...
In 2023, Adyen processed 939 billion euros in payment volume through a single platform that serves McDonald’s, Spotify, Microsoft, and thousands of...
On April 14, 2021, Coinbase went public through a direct listing on the Nasdaq. The cryptocurrency exchange opened at $381 per share,...
In 2009, Jim McKelvey, a glassblower in St. Louis, lost a $2,000 sale because he could not accept credit cards. He called...
In November 2022, FTX collapsed in spectacular fashion. The cryptocurrency exchange, valued at $32 billion just seven months earlier, filed for bankruptcy...
In 2010, Y Combinator, a startup accelerator known primarily for funding software companies, accepted a payments startup called /dev/payments into its Winter...
In 2019, Rapyd, a London-based fintech infrastructure company, set itself an unusual goal: integrate every local payment method in every country into...
In March 2024, Sequoia Capital disclosed that its investments in Stripe had generated more than $3.5 billion in paper gains from an...
Estonia, a country of 1.3 million people on the Baltic Sea, has produced two fintech companies valued at over $1 billion: Wise...
In September 2023, Brian Armstrong, CEO of Coinbase, testified before the U.S. House Financial Services Committee on cryptocurrency regulation. The testimony was...
When Revolut applied for its United Kingdom banking license in 2019, regulators at the Prudential Regulation Authority did not simply evaluate the...
In September 2014, Apple’s senior vice president of internet services Eddy Cue placed a phone call to Dan Schulman, who had just...
In March 2016, a small office above a coffee shop in Lagos became the birthplace of Flutterwave, a payments company that would...
When Wealthfront CEO Andy Rachleff began publishing essays about investment methodology in 2012, his company managed less than 100 million dollars in...